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Duplex with Vacant Lot
For Sale
$227,500

706 1ST ST, Gallup, NM 87301

Two residences accompany a vacant parcel with two storage units.

Property Size2,542 SF
Price / SF$89.50
Days on Market33

Property Features for 706 1ST ST

General Information

Standard status Active
Size 2,542 SF
Property subtype Multi Family Home

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $655

Building Details

Year Built 1959
Stories 1
Units 2
Listing Agency: Keller Williams Realty Gallup Living
Listed By: Michael Mazel · License #50222
Source: Southwestrealestate
Added: Jul 28 Changed: Aug 29 Last Checked: Aug 25 at 9:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Gallup Living

Investment Insights

Based on property information with market context.

This duplex property contains two separate three-bedroom residences with a combined 2,542 square feet of living space. The larger unit measures 1,720 square feet and includes two bathrooms, while the second unit offers 822 square feet and one bathroom. The improvements date to 1959.

A vacant parcel is included with the property and contains two storage units. The full offering is located at 706 & 708 1st Street in Gallup, New Mexico, and combines the duplex structures with additional lot area and existing storage improvements.

Key Highlights

  • Two separate 3‑bedroom residences
  • Main unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft
  • Second unit: 3 bedrooms, 1 bathroom, 822 sq ft

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Garden Center HVAC Service Skin Care Clinic Computer & Electronic Repair Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 87301, NM

22,438
Population
7,776
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
89%
High-School Grad
39.5 sq mi
ZIP Area
568
Density / Sq Mi
$58,302
Median Household Income
$35,574
Median Earnings
$858
Median Rent
$134,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences accompany a vacant parcel with two storage units.
Where is this duplex located?
The property is located at 706 1ST ST Gallup, NM.
What is the asking price?
The asking price for this property is $227,500.
What are key features of this property?
This property features: Two separate 3‑bedroom residences; Main unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft; Second unit: 3 bedrooms, 1 bathroom, 822 sq ft
More about this property
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